DislikedI am in this trade....but i was wonderind how would you classify this daily Pin Bar we got today on Nzd/usd ?Ignored
A pin like that isn't really at a true swing low point. It is more of a small retrace pin that forms. Doesn't mean they aren't playable, but the situation due to its lack of space means there is going to be some form of resistance rather close. All this means if you choose to play it is that you should get your stops to b/e or some off the table IMO. Can't let these turn into losers or they will hold your account back.
So where we are at now could stall this out
Mike
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